Citigroup lays off 3,500 tech staff in China

Citigroup has laid off 3,500 technology staff in mainland China as part of the bank’s push to cut costs and streamline its global operations amid a broader turnaround effort. The cut affects a ... ( read original story ...)

Top Numerical Tools Up For Hong Kong IPO

Top Numerical has filed for a Hong Kong IPO, reporting it moved into the black last year with a profit of 8.88 million yuan The maker of high-end machine tools says it has launched the world's first ... ( read original story ...)